Retail unit with offices To Let on High Street Malmesbury
High Street, Malmesbury SN16 9AR, UK
- 24 hr Access
- Retail / Office Use
- Retail Use
Retail unit with offices To Let on High Street Malmesbury.
The premises occupy a prominent position fronting High Street. The premises are immediately adjacent to Lloyds Pharmacy, with other occupiers nearby including Haine & Smith, Clarks, Mistral, Coffee #1 and Cancer Research.
The premises are arranged over ground and first floor level, providing the following approximate net internal floor areas and dimensions:
Internal Width (max) 28’ 6” 8.73 m
Shop Depth 56’ 6” 17.27 m
Ground Floor Sales 1,464 sq ft 135.94 sq m
First Floor Ancillary 329 sq ft 30 sq m
WC - -
The premises are occupied on a full repairing & insuring lease (subject to a schedule of condition) expiring 2nd January 2027, with tenant-only break option on 2nd January 2022, at a passing rental of £42,200 per annum exclusive.
Available by way of an assignment of the existing lease. A sub-lease or new lease may also be considered.
30-32 High Street
The property has a rating of E-104.
All figures quoted are exclusive of VAT.
Each party to be responsible for their own legal costs incurred.
The Valuation Office website states that the premises have been entered into the 2017 Rating List as follows:
Description “Bank and Premises”
Rateable Value £29,250
UBR 2019/2020: 49.1p
Interested parties are advised to make their own enquiries of the Local Billing Authority to ascertain the exact rates payable and whether transitional/small business relief may be available.
We understand the premises benefits from A2 (Professional & Financial Services) use, with A1 (Retail) use also permitted. Interested parties are advised to make their own enquiries of the Local Planning Authority. Alternative uses may be considered (subject to planning).